FXstreet.com (Córdoba) - Dollar is rising sharply during the American session against European currencies. EUR/USD tumbled to 1.4720, posting a fresh intra-day low. The pair is getting closer to intra-week lows that lie around 1.4680; if it falls below Dollar could gain momentum. The Euro lost yesterday's gains and is heading toward a sharp weekly decline. To the upside resistance could be located at 1.4780 and above at 1.4805.

USD/CHF rose to 1.0275, posting a fresh intra-day high. The pair rebounded and fell finding support at 1.0225. Currently trades at 1.0245/48, 0.58% above today's opening price.

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